Private sector lender HDFC Bank has hiked its marginal cost of funds based lending rate (MCLR) by 5 basis points (bps) on six ...

With the change, the HDFC Bank's MCLR interest rates are in the range of 9.10% to 9.50%, potentially impacting borrowing ...

MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of ...

HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 5 basis points for certain tenures. The new ...

HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) on two tenures by up to 5 basis points (bps).

Many economists believe that the six-member MPC may change the monetary policy stance from ‘withdrawal of accommodation’ to ...

HDFC Bank has raised its marginal cost of funds-based lending rates (MCLR) by up to 5 basis points (bps) for specific periods, starting today. This change brings the bank's MCLR interest rates to a ...

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 ended at 25,014.60, while ...

The Marginal Cost of Funds Based Lending Rate (MCLR) was introduced in April 2016 to help borrowers availing various loans (including home loans) benefit from the Reserve Bank of India’s (RBI ...

MCLR, which stands for Marginal Cost of Funds based Lending Rate, is a benchmark banks use to establish their minimum interest rate. This rate is determined by considering factors such as the bank ...

Both one year and three year tenor will have the revised rate of 9.25% from their existing 9.35% rate. Further for five-year tenor, the new MCLR rate is 9.45% from current 9.55%. These new rates will ...